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2001 Grand Concourse
Bronx, NY 10453
Multifamily Property For Sale
·
42 Units
Executive Summary
Located on the Northwest corner of Grand Concourse & E 179th Street
Unit breakdown is comprised of twelve (12) 1-bedroom apartments, sixteen (16) 2-bedroom apartments, eight (8) 3-bedroom apartments, five (5) 4-bedroom apartments and one (1) 5-bedroom apartment
Abundance of national/local commercial tenants are accessible for residents on E Tremont Avenue, E Burnside Avenue, & Grand Concourse
The asset is in close proximity to supermarkets, local eateries, schools & medical institutions
Transportation is in abundance surrounding the building as the properties are located directly in front of the B/D subway line & the Bx1/2 bus stop
Unit breakdown is comprised of twelve (12) 1-bedroom apartments, sixteen (16) 2-bedroom apartments, eight (8) 3-bedroom apartments, five (5) 4-bedroom apartments and one (1) 5-bedroom apartment
Abundance of national/local commercial tenants are accessible for residents on E Tremont Avenue, E Burnside Avenue, & Grand Concourse
The asset is in close proximity to supermarkets, local eateries, schools & medical institutions
Transportation is in abundance surrounding the building as the properties are located directly in front of the B/D subway line & the Bx1/2 bus stop
Property Facts
| Price Per Unit | $93,127 CAD | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 9.93% | Lot Size | 0.26 AC |
| Gross Rent Multiplier | 4.01 | Building Size | 42,000 SF |
| No. Units | 42 | No. Stories | 6 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | ||
| Zoning | R8 | ||
| Price Per Unit | $93,127 CAD |
| Sale Type | Investment |
| Cap Rate | 9.93% |
| Gross Rent Multiplier | 4.01 |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 42,000 SF |
| No. Stories | 6 |
| Year Built | 1920 |
| Zoning | R8 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 16 | - | - |
| 3+1 | 8 | - | - |
| 4+1 | 5 | - | - |
| 5+1 | 1 | - | - |
Property Taxes
| Parcel Number | 02808-0096 | Improvements Assessment | $942,272 CAD |
| Land Assessment | $113,171 CAD | Total Assessment | $1,055,443 CAD |
Property Taxes
Parcel Number
02808-0096
Land Assessment
$113,171 CAD
Improvements Assessment
$942,272 CAD
Total Assessment
$1,055,443 CAD
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